Friday, March 30, 2007Answerbag Upgrades SiteLos Angeles-based Answerbag.com, the social Q&A web service focused on allowing users to ask questions and get answers, has upgraded the firm's web site. Answerbag 5.0 Beta went live Thursday, adding such features as separate sections for social and fact-based Q&A, a simpler search process, and personalization features. Answerbag competes against Internet question and answer services like Yahoo Answers, and is owned by Demand Media, the Internet media firm headed by former MySpace chairman Richa (More info...)
posted on Friday, March 30, 2007(Full story)
NovaCardia Files For IPOSan Diego-based NovaCardia has filed for an IPO, saying last night in a filing with the SEC that it is looking to raise up to $86.25M in an IPO on the NASDAQ Global Market. The IPO is being underwritten by JPMorgan, Credit Suisse, Pacific Growth Equities, and First Albany Capital. Novacardia is developing biopharmaceuticals for the treatment of major cardiovascular diseases. The firm is backed by Domain Associaties, Forward Ventures, InterWest Partners, Montreux Equity Partners, Skyline Venture (More info...)
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Interview with Mark Stevens, General Partner, Sequoia CapitalMark Stevens is a venture capitalist at Sequoia Capital, and the person behind the newly unveiled University of Southern California's Stevens Institute for Innovation, which is focused on bringing innovation and ideas from the University to the market. The Stevens Institute for Innovation, which was named for a $22 million dollar gift Mark and his wife Mary gave to establish the center, is the first time a major research University has created a central center like this for technology transfer a (More info...)
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TechnoCom, Card Access In Strategic AllianceTechnoCom Corp., a provider of mobile-infrastructure technology and services, and Card Access Inc., a developer of wireless communications devices, have formed a partnership, the firms revealed earlier this week. Under the terms of their agreement, Card Access will design and manufacture 802.11-compliant radio devices that support TechnoCom software written to the IEEE 1609 and 5.9 GHz DSRC/WAVE specifications. In turn, TechnoCom will develop WAVE/DSRC and Vehicle Integration Infrastructure soft (More info...)
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SL Power Expands Distribution With AvnetSL Power Electronics, a Ventura-based manufacturer of AC/DC and DC/DC power supplies, has extended an agreement with electronics components distributor Avnet. Avnet said Thursday that under the revised contract, Avnet's Electronics Marketing Americas group will now distribute SL Power's Condor-brand power supply products in addition to the various Ault-brand products already available. SL Power, a subsidiary of SL Industries Inc., manufactures AC/DC and DC/DC power supplies ranging from 6 watts (More info...)
posted on Friday, March 30, 2007(Full story)